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Friday, January 16, 2026
B1 Intermediate ⚡ Cached
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Cyprus Minister Gives Up Pension

Cyprus's new Minister of Justice, Costas Fytiris, made a big ethical choice. He decided not to take a ministerial pension. He announced this on Tuesday. This happened just before the deadline for new ministers. Many people see this as a strong ethical statement. It also answers what the public thinks about money for state officials.

Minister Fytiris sent a written message. He gave up his right to this pension. He sent it to the Ministry of Finance and the House of Representatives. He said he believes strongly in "responsibility and ethical consistency." However, Mr. Fytiris will still get his pension from his 40 years in the military.

The timing of his announcement is important. It came at the end of a 15-day period for ministers. They had to say what they wanted about pensions. The government has been under pressure. People are unhappy about officials getting "multiple pensions." This has caused public anger before. Mr. Fytiris's choice seems to respond to this pressure. He also mentioned "inaccurate comments" about his pay.

New laws now allow state officials to give up some pensions. Mr. Fytiris is one of the first important people to use this new law. The money he is giving up is quite large. It is five times more than some other payments. His action might create a new example for others.

In the past, Cyprus had laws that allowed people to get many state pensions. The public did not like this. They felt it was unfair. New laws want to stop this. They want more financial fairness. Mr. Fytiris's action will likely bring more attention to pension reform. His choice shows the government wants to be open about multiple pensions. This may lead other officials to think about their own pensions. It could change how public service pensions are handled in Cyprus.

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